“What if it were true… Cathy Wood, founder of ARK Invest, recently said that the US government may “start buying” bitcoins for its national reserve. The announcement comes after Donald Trump last March signed an executive order creating a strategic bitcoin reserve consisting of bitcoins seized during federal investigations. However, Kathy Wood believes […]”, — write: businessua.com.ua
What if this were true… Cathy Wood, founder of ARK Invest, recently stated that the US government may “start buying» bitcoins for their national reserve. This statement was made after Donald Trump signed the decree in March last year on the creation of a strategic bitcoin reserve consisting of bitcoins seized during federal investigations. However, Katie Wood believes this could be just the beginning.
Key points of this article:
- Cathy Wood has said that the US government may start buying bitcoins for its national reserve.
- Trump’s executive order has already created a strategic bitcoin reserve from BTC seized during federal investigations.
What if the United States started buying BTC? During his appearance on the Bitcoin Brainstorm podcast Katie Wood reviewed the story US Bitcoin Reserve and shared some thoughts . She believes that this initiative may soon go away even further .
She stated that government maybe “start shopping” bitcoins to reinforce this reserve an idea that could radically change how United States manage their digital assets.
The head of ARK Invest also emphasized that the cryptocurrency was “partly the reason Trump won the presidential election.” She also suggested that Trump’s support bitcoin and cryptocurrency played a role in it popularity among some voters, and that the topic may become again “politically relevant for the midterm elections.”
Cathy Wood believes the United States may start buying bitcoins for its reserves – Source: Account X
Bitcoin: A big political issue for the Trump camp Then Katie Wood brought others countries such as Salvador which have already started accumulating reserves bitcoins . If only the United States followed suit trend it could happen “an important turning point in the institutional adoption of Bitcoin.”
This statement violates interesting question regarding the future bitcoin in the United States. If the government really starts buy bitcoin, it can not only strengthen the position of the US as world leader in the field of digital assets, but also to affect the Bitcoin market in general.
With Trump in the White House and a strategic bitcoin reserve already in place, Katie Wood’s idea could very well become a reality. However, her remarks should be treated with a certain amount of skepticism, since the president is now juggling many responsibilities! Due to its domestic politics causing significant upheaval and international decisions that divide even the Western camp, cryptocurrencies, appears to no longer be a priority for Trump earlier this year. Does Katie Wood have any inside information or is it just a dream? We will find out in the coming months.
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